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<br />THIS INDENTr.3$E, made this 10th -_-- day of _ ~Pril 15 ?g by sad h~ween
<br />Arlen G. Hilgen1taap and Susan F!. flilgenkamp, httsba~ and wile, each in his and :text
<br />otefn right and as spouse of the other
<br />of Hall County, Nebreeka, se mortgagor B ,sad Grand Island Trust Company of Grind Island, a corporation
<br />organized sad-ezistiag under the Iawn of Nebraska wit~t its princppa! office and plate of basiness at Grand Island, Nebrsaks, ae mottgaegee:
<br />WITN~'~Sl:?'H: ThAt ss~ mortgagor _ s . ,for end in consideration of the sum of
<br />**Eight Thousand Four Hundred Sixty-tyro and 09/100ths** ~~~$ 8,4b2.09
<br />the receipt of which is hereby adtnowledged, do - by these presents mortgage and wam:nt unto said mortgagee, its successors and assigns,
<br />forever, all the following described real estate, situated in the County of Ace L 1
<br />and State of Nebraska, to-wit:
<br />Lot Tpentp-three (23) and the Northerly Three (3) Feet of Lot Twentq-
<br />four {24) West Lawn, an addition to the City of Graced Island, Nebraska.
<br />Toge46ar with all heating, air conditioning, lighting', end plumbing equipment and futures, including acreena, awnings, storm windows and
<br />doors, and window shades or blinds, used on or in connection with said property, whether the same are now located on said property or hereafter
<br />ptsoad thereon. I 1
<br />TO HAVE AND TO HOLD THE SAME, together with all and singular the tenements, hereditameata and apputtenencea thereunto be-
<br />]onging, or in mywiae appertaining, forever, and warrmt the title to the same. Said morgagor S hereby rAVenaat _ with said
<br />mortgagee that _.~. heg am , et the delivery hereof, the lawful owner a of the premises above conveyed and described,
<br />end 8Le seized of a good and indefeeaible estate of inheritmce therein, free and clear of all encumbrmces, and that t he~will
<br />warrant end defend the title thereto forever against the ciaima and demands of all persons whomsoever.
<br />PROVIDED ALWAYS, and this inatrumort is executed and delivered ro secure the payment of the sum of
<br />**Eight Thousand Paur Hundred Sixty-two and 091180tha** Doilarsl8 8,4b2.09 i,
<br />with interest thereon, together with such chergc~ and advmoas as may be due and payable to said mortgagee untls~ the terms gad tomlitioaa
<br />of the protniasory rtota of even date hgrewitb and secured hereby, executed by said mortgagor ~ to said mortgagee, payable as expressed
<br />frt said note, and W aecttre the p~for®auca of alI the terms and canditiona contained therein. The temis of said note ere hereby iocarporatsd
<br />herein by thin reference.
<br />It is the intention end agreement of the parties hereto that this mortgage shall also secure any future advances made to said mortgagor B
<br />by said mortgagee, acrd my and all indebtedaeas in addition to the amount above stated which said mortgagors, or orgy of them, may owe w
<br />said mortgagee, however evidenced, whether by note, book account or otherwise. This mortgage shall remain in full force and effect between
<br />the parties hereto and their heirs, personal repteaentatives, successors and ensigns, until all amounts secured hereunder, including future
<br />advmc~, are paid in fuL' with iatereat.
<br />The mortgagor _ 8 _ ha~ehy assign -_ to said mortgagee all rents and income eriaing at my and all times from said property and
<br />hereby authorize said mortgagee or its agent, at its option, upon default, to take charge of said property and wllect ail renis artd irttbate
<br />Lbaratr'om n~ s~dy the same to 6he pgymmt of interest, principal, inauraace premiums. tatc~, aeseasmmta, repairs or improvements
<br />oeceeeery to keep said property in tenantable condition, or to other charges or payments provided for herein or in the note hereby secured. This
<br />rent assignment shall continua in force until the unpaid balance of said note is fully paid. The taking of poesesaion hereunder shall in no mmner
<br />prevatt m rv#ard sold mortgagee in the eo{leetion of said sums by foreclosure or othe,~rviae.
<br />The failure of the mortgagee to assert orgy of ire rights hereunder at any time shall not be construed as a waiver of its right to assert the
<br />seine et eqy hoer time, and to irteiet upon sad enforce strict compliance with all the terms and provisions of said ate and of this mortgage.
<br />if said mortgagor ® shall cease to be paid to said mortgagee the entire amount due it hereunder, end under the terms and provisions
<br />of said torte hereby eewted, i~luding future advances, and any ezteneiene or re~weip thereof in aoeotdutce with the terms and provisions
<br />thereof, end it eeid mortgagor _S_ _ shall comply with all the provisions of said note and of this mortgage. they tlseae presorts shall be void:
<br />otltsrwLs to n is ltd! force and affect, sal eat mortgagee shall be entitkad to the possasehm of aU of esit3 property. and may, at ice option.
<br />det#tu's the whda of asid trots and ell itrdebtedttass represented thereby to be immediately dus and payable. and may foreclose this trwrtgage
<br />or take any other Mgd action to protect its right. Apprainemeat waived.
<br />Thir mortpge shall be hiediog open gad shall more to the benefit of the heirs, e:etutore, adtttinistrawra, succeaeore aad assigns of the
<br />reapsetive parties hereto.
<br />IN WITNESS WHEREOF, mid tdorfgagor! ha ~*e 6erw~nto set the. r_v:___~ s the day and year first above
<br />wrkun. f
<br />j
<br />usan M. i pen -
<br />~.._.,_
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